Grapevine, TX 76051 Real Estate Market Report

ZIP Code: 76051
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Grapevine, TX is characterized by a median sold price of $559,000, reflecting a robust demand despite the current economic pressures. The market has shown an upward trajectory, with prices increasing compared to previous periods, indicating a strong seller's market. The median listing price stands at $650,000, which suggests a notable gap between seller expectations and actual transaction prices, potentially leading to pricing friction in negotiations.

The market is experiencing elevated inventory levels, with a significant number of properties available relative to the sales activity. The median days on market is 210, indicating a slower sales velocity. This extended time frame may suggest that buyers are taking a more cautious approach in their purchasing decisions, influenced by the elevated interest rate pressure currently affecting the market. Overall, the competitive landscape remains strong, but the dynamics of supply and demand are shifting, warranting close attention from both buyers and sellers.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The median sold price of $559,000 indicates strong transaction activity despite economic pressures.

2. With a median listing price of $650,000, there is a notable gap suggesting potential pricing friction in negotiations.

3. The median days on market of 210 reflects a slower sales velocity, indicating a cautious buyer sentiment.

4. The market temperature is classified as hot, suggesting ongoing demand despite elevated interest rates.

5. Rental demand is on the rise, with a median market rent of $2,580, indicating a strengthening rental market.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.